Johnson & Johnson (JNJ) Dividend Coverage Ratio (2009 - 2026)
Johnson & Johnson's (JNJ) Dividend Coverage Ratio stood at 1.71 in Q2 2026, down 3.1% from 1.77 a year earlier but up 2.6% from the prior quarter.
Johnson & Johnson (JNJ) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Johnson & Johnson's Dividend Coverage Ratio came in at 1.67 as of Jun 28, 2026, down 11.1% year-over-year; for FY2025, it was 2.16, up 82.0% from FY2024.
- Across earlier years, Dividend Coverage Ratio came in at 1.19 in FY2024 (-60.2%), 2.99 in FY2023 (+94.5%), 1.54 in FY2022 and 1.40 in FY2021.
- Quarterly Dividend Coverage Ratio has ranged from -0.02 in Q1 2023 to 9.07 in Q3 2023 over the past five years.
- On a year-over-year basis, Dividend Coverage Ratio rose in four of the last eight quarters, with growth averaging 24.4%.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 224.3% in Q1 2025, against a decline of 90.0% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.67 (Q1 2026), 1.63 (Q4 2025) and 1.64 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 1.71 |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | - |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | -0.62 |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | 1.13 |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | - |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 1.74 |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | - |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | -0.10 |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | - |
| 10 | Bristol Myers Squibb | 127.55 Bn | 78.82 Bn | 9.25 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 1.71 |
| Mar 29, 2026 | 1.67 |
| Dec 28, 2025 | 1.63 |
| Sep 28, 2025 | 1.64 |
| Jun 29, 2025 | 1.77 |
| Mar 30, 2025 | 3.68 |
| Dec 29, 2024 | 1.15 |
| Sep 29, 2024 | 0.90 |
| Jun 30, 2024 | 1.57 |
| Mar 31, 2024 | 1.13 |
| Dec 31, 2023 | 1.41 |
| Oct 1, 2023 | 9.07 |
| Jul 2, 2023 | 1.66 |
| Apr 2, 2023 | -0.02 |
| Jan 1, 2023 | 1.02 |
| Apr 3, 2022 | 1.85 |
| Oct 3, 2021 | 1.31 |
| Jul 4, 2021 | 2.25 |
| Apr 4, 2021 | 2.33 |
| Jan 3, 2021 | 0.65 |
Johnson & Johnson Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=JNJ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "JNJ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=JNJ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();